PGS Updates on Seismic Acquisition Contract in South America
Norwegian seismic player Petroleum Geo-Services ASA (PGS) updated on changes of the contract for the 3D survey in South America announced November 14, 2018.The vessels…
PGS Revenue Slumps
Petroleum Geo-Services ASA reported revenue fall in their recently released Second Quarter and First Half 2016 Results. It logged a healthy MultiClient Sales and…
PGS : Changes to MultiClient Library Amortization
Petroleum Geo-Services ASA (PGS) have informed that due to an amendment to IAS 38 Intangible assets, the amortization method for the seismic MultiClient libraries…
Knudsen Quits Electromagnetic Geoservices
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) announced that its Chief Financial Officer (CFO), Svein Knudsen, has tendered his resignation.
PGS ASA - First Mover Offshore Mexico
Petroleum Geo-Services ASA (PGS) commenced operations of a MultiClient 2D seismic program offshore Mexico on May 16th. The two 2D vessels Atlantic Explorer and Sanco…
PGS Wins Patent Dispute with EMGS
Petroleum Geo-Services ASA ('PGS' or the 'Company') today announces that Oslo District Court in its judgment of 13 February 2015 ruled in favor of PGS in the lawsuit…
PGS Moves Asia Pacific HQ to Malaysia
As a part of the plan to restructure PGS business activities in Asia Pacific the Company has decided to relocate its regional headquarters from Singapore to Kuala Lumpur ("KL").
PGS Completes Fleet Adjustment
Petroleum Geo-Services ASA announced today that it has implemented further steps to streamline operations, reduce cost and capital expenditures and improve cash flow.
Petroleum Geo-Services ASA : Mandatory Trade Notification
Rune Olav Pedersen is awarded 25 000 Performance based Restricted Stock Units as a result of his promotion to General Counsel and SVP Communications and Marketing of PGS…
Petroleum Geo-Services Share Purchase by Primary Insiders
Guillaume Cambois, Executive Vice President Imaging & Engineering in Petroleum Geo-Services ASA, has on August 15, 2014 bought 20 000 shares in PGS at a price of NOK 49.61 per share.
